Debt Service Coverage Ratio Loan (DSCR)
We offer flexible terms, and, in some cases, our loans can be approved in as fast as two weeks. If this is your first time purchasing a rental property, our experienced loan officers can guide you through the process.
So, whether it’s a single family home, multifamily home (up to 8 units), condominium, or townhome, get in touch with us to ask about our DSCR loan to fund your next rental property.
DSCR Rental Property Loan Terms
- 80% LTV for Purchase / Rate & Term
- .75x Minimum DSCR
- 75% LTV For Cash-Out
- 660 Minimum FICO
- 6-12 Months Verified Reserves
- Loan Amounts from $50k -$2M
- 30-Year Fixed, 5/1 ARMs, and 10/1 Interest-Only
Types of Properties We Fund
The difficult part of rental properties is the first step of purchasing the property. You may find that you don’t have the extra money to buy the property outright. That’s where FMS Investor Financing comes in.
Single Family Rentals (SFR)
1-4 Unit Multifamily Properties
5-8 Units (purchase only)
Townhomes
Condos
What Is a Capitalization Rate?
The capitalization rate (also known as cap rate) is used in the world of commercial real estate to indicate the rate of return that is expected to be generated on a real estate investment property.
This measure is computed based on the net income that the property is expected to generate and is calculated by dividing net operating income by property asset value and is expressed as a percentage.
The link to this calculator is provided from a third-party site and is intended for reference only. The results may vary from an actual transaction and are intended to be illustrative of the calculations involved and should not be relied upon in making financial decisions. Please be aware that the results are for informational purposes only and do not constitute advice nor a loan commitment for any specific situation.
The results expressed with these calculators are broad and readers should review their individual circumstances and discuss their specific situation with professional advisors prior to making any decisions. We disclaim all responsibility or liability for damages incurred by anyone making decisions based on the hypothetical information provided therein.
What Sets Us Apart
Key Features
Available for Individuals or Entities
No prior experience required
Tax returns not required
We’re here to help you succeed!
Contact Info
- 5426 Bay Center Dr., Suite 300, Tampa, FL 33609
- contact-us@fmsinvestor.com
- (833) 250 - 7634
Please visit www.nmlsconsumeraccess.org for additional licensing/registration information. In all other states not previously listed, products are offered by Constructive Loans, LLC d/b/a FMS Investor Financing. Rates, terms, and conditions are subject to change from time to time without notice.
This website may be used by commercial lenders, brokers and borrowers and may not be used by members of the general public or residential owner occupied mortgage loan applicants in particular. The use of this website DOES NOT constitute an application for a mortgage loan and the pre-qualification and program recommendations generated by this website DO NOT under any circumstances constitute either a formal or informal loan approval or rate commitment. Terms and pricing recommendations generated by this website are subject to change without notice. Adjustable rate programs, fixed rate programs, pre-payment penalties, and applicable fees will apply according to separate guidelines and may change the nature of the pre-qualification and program recommendations generated by this website.
